RKLB achieves an impressive milestone by completing two successful rocket launch missions in less than 24 hours.

The rise of the space economy has resulted in unprecedented demand for satellite launches, thanks to private sector involvement, artificial intelligence (AI), and renewed government focus. According to McKinsey & Company,

The recent market rotation toward smaller companies has lifted many boats, but Rocket Lab USA's (NASDAQ: RKLB) performance stands out even in this environment. The space company's shares have rocketed 320% higher this year at the time of this writing,

Rocket Lab's flagship rocket is the Electron, which is the second-most-used orbital rocket in the U.S., behind SpaceX's Falcon launch vehicle. Last year, SpaceX dominated the market, making 98 launches, or 90% of the launches from U.S.-based companies.

A space company with ties to New Mexico broke through a glass ceiling this week by launching two rockets into space in a 24-hour period from different hemispheres.

Rocket Lab (NASDAQ: RKLB) stock jumped 3.5% through 9:45 a.m. ET Monday after announcing its latest first: For the first time ever, the company launched two rockets, from two separate launch pads in two different hemispheres,

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